US economic growth increased last quarter to a healthy 2.8% annual rate
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.
Great Resignation 2.0 could be on the horizon, with 3 in 10 workers planning to quit in 2024, survey shows
Low pay, desire for better benefits and search for less stressful work are some reasons behind the shift.
Social Security just announced a change for millions of beneficiaries
Millions of Social Security recipients must switch to a new Login.gov portal to continue accessing their online account information, as announced by the Social Security Administration.
California family's $444 receipt from Trader Joe's goes viral on social media: 'Insane'
The $444 grocery haul feeds a family of 8 for around 10 days, the video claims.
U.S. unemployment rate rises to 4.1% with 206,000 jobs added in June
U.S. employers added 206,000 jobs in June, exceeding expectations, with the unemployment rate rising to 4.1%, while April and May job data was revised down, average hourly earnings increased by 3.9%, and hiring was strong in government, social assistance, and health care, influencing potential Federal Reserve rate cuts.
John Deere announces mass layoffs in Midwest amid production shift to Mexico
John Deere is reportedly slashing positions for hundreds of employees in the Midwest by the end of summer.
Fed holds interest rates steady, projects just one cut this year
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
Here's who's hiring teens this summer – and which jobs pay the best
Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.
Majority of employment growth since COVID-19 goes to immigrants, report finds
A report finds that immigrants accounted for most of U.S. job growth since 2019, while employment growth for U.S.-born workers declined.
22% of retirement-age Americans are still working; these states have the most
Despite the number of Americans who are 65 and older decreasing from 2022 to 2024, it’s still double what it used to be almost 40 years ago.
States with the best and worst economies in 2024
Where did your state rank in WalletHub’s list of the best and worst economies?
Orange juice makers consider using alternative fruit as prices skyrocket
Orange juice makers are getting squeezed by high prices
Bass Pro Shops' CEO says brand will focus on affordability amid Inflation
Johnny Morris, CEO and founder of Bass Pro Shops, says inflation is 'very real,' and brand will focus on affordability.
Biden releasing 1M oil barrels to combat summer gas prices
In an effort to lower gas prices ahead of the busy summer travel season, the Biden administration announced the release of 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy.
Reports: McDonald's planning $5 meal deal to win back customers
McDonald's is reportedly introducing a $5 meal deal in an effort to attract customers deterred by recent price increases.
More Americans to qualify for Social Security under new SNAP rule
The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.
Interest rates not changing until inflation cools, Federal Reserve says
The Federal Reserve announced its decision to maintain its key interest rate at a two-decade high of roughly 5.3% amid ongoing concerns about high inflation.
Why now is the best time to visit Japan, thanks to a weak yen
Here are the best things to do when visiting Japan to make your dollar stretch further as the yen drops to historic lows not seen since 1990.
How much money it takes to be 'rich' in America for 2024
A recent study utilizing IRS data reveals that the income required to be considered "rich" varies widely across the U.S., reflecting regional differences in cost of living, local economies, and tax structures.
These salaried workers are now eligible for overtime pay
The Biden administration's new rule significantly expands overtime pay eligibility to millions of salaried workers in the U.S., setting higher income thresholds and updating salary limits every three years.